Bookkeeping

Professional Bookkeeping Services for Day Traders

Sara Reed

Sara Reed

Bookkeeping Manager

Traders Accounting's Professional Bookkeeping Department typifies our motto "You Trade, We'll Do the Rest". The Bookkeeping Department is an essential element for anyone trading as a business to properly record daily financial activity; allowing you to focus on your trading.

Once you have made the decision to use outsourced bookkeeping services for your day trader business, the next step is to find a professional with bookkeeping knowledge and experience to handle your particular needs. Of course the longer the firm has been in business the better. Traders Accounting has been providing professional bookkeeping services for active day traders since 1998. Our knowledgeable and experienced bookkeepers help clients trading as a business reduce the day-to-day administrative burden of recorded keeping.

"Your team of bookkeeping specialists continues to impress me. The value of your service cannot be overstated. This past quarter my bookkeeper caught an error in my records that could have cost me greatly. Thank you for your thoroughness and dedication! I look forward to another year utilizing Traders Accounting's Bookkeeping Department." - Blake S., Maryland

Here is a list of the services you can expect while using the Traders Accounting professional Bookkeeping Services.

  • You will attend a Professional Bookkeeping Webinar to learn how to keep track of expenses and what information your bookkeeper will need in order to maintain your books accurately.
  • Your bookkeeper will reconcile all of your accounts, including bank accounts, credit cards, and trading accounts.
  • Your bookkeeper will separate 1256 contracts, Forex, and Stocks to comply with IRS standards.
  • You will have the opportunity to consult with your bookkeeper to review financial reports and discuss your status while operating your trading entity. An example of your consulting might include the following:
    • Shareholder information
    • Ownership percentages
    • Proformas
    • Deductible expenses
    • Issuing shares of stock
    • Promissory notes
    • How to withdrawal monies from the entities
    • Proper recordkeeping practices
    • Limited tax questions
  • Monthly financial reporting that includes a Balance Sheet and Income Statement. Detailed reports can also be sent per your request. The Balance Sheet shows the assets, liabilities, and your equity in the business on a given date. The Income Statement will show the business income and expenses for a given period.

You will not be disappointed when you decide to use outsourced professional bookkeeping services at Traders Accounting. Let our dedicated professionals reduce the administrative burden to free you to pursue your day trader business.

You may want to check out what you can expect by getting professional bookkeeper help for your business.

 

 

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